How to escape the peak of a bull market: those who can buy are apprentices, only those who can sell are masters.

What is a peak?

Simply put, the peak is the position where you are willing to sell. For example, don’t wait until the next bear market to lament, "It turns out 200,000 was the peak." In fact, positions like 150,000, 160,000, and 170,000 can all be considered reasonable selling points. Capture the highs; you don't have to wait for the absolute top. This is the survival strategy for retail investors.

What is the core of escaping the peak?

The core of escaping the peak lies in taking profits in batches and gradually reducing positions. Sell more as prices rise; even if some profits are missed, you must accept this fact. Aiming to fully capture all the gains at the top is not a goal for ordinary retail investors.

Additionally, don’t think about transferring funds to another cryptocurrency to chase gains after making several times your investment. Such actions often lead to a cycle and prevent you from truly realizing profits. In the later stages of a bull market, selling without buying is the key to avoiding backlash.

What is the correct trading strategy?

Follow the principle of “buying coins in a bear market and selling coins in a bull market.” When the cryptocurrency you hold rises to several times your profit, decisively reduce your position and sell in batches. In the second half of the bull market, focus on realizing profits instead of seeking new opportunities. Learning to remain rational when the market is crazy is the survival rule for long-term success.

So if you don’t know all this, pay attention to my cousin. He has experienced two rounds of bull and bear markets and will remind everyone when we reach the peak, including the peak in March of this year. Otherwise, being stuck could mean waiting several years for the next bull market.